City of Salisbury - Northern Suburbs of Adelaide, SA
Adelaide currently has one of the most active property markets among the capital cities. The state economy is improving and has big growth drivers in the system, vacancies are below average, demand is rising, yields are strong and prestige property prices have risen at above-average rates.
Jobs and economic growth in northern Adelaide have exceeded the state averages for the past two decades, making the precinct one of Australia’s fastest-growing economic regions.
Clustered in and around Salisbury are major hubs for business, logistics and the Defence Force – and they are all busily spending money on big projects.
The State Government is throwing its weight behind it by building a dedicated transport corridor between Old Noarlunga in the south and Gawler in the north, while South Australia is awarded 30% of the national Defence Budget.
The former Holden manufacturing site in Elizabeth has new owners and a future as a high-tech manufacturing hub.
It’s not surprising then, that the LGA of Salisbury has numerous suburbs with growth housing markets, propelled forward by rising sales numbers.
This report includes the suburbs of Burton, Elizabeth Park, Hillbank, Ingle Farm, Parafield Gdns, Paralowie, Pooraka, Salisbury, Salisbury Downs, Salisbury East and Salisbury North.
The City of Salisburty was Hotspot of the Week on 2 October 2018